# PPP loan: MAGPIE OPERATING, INC.
> **$259K** approved 04/04/2020 · Paid in Full · Loan `4630327010`
## Borrower
- **Name:** MAGPIE OPERATING, INC.
- **Address:** 2707 s COUNTY ROAD 11, LOVELAND, CO, 80537-8716
- **NAICS:** 211120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Utilities:** $5K
- **Jobs reported:** 13
## Lender
- **Originating:** Jonah Bank of Wyoming
- **Servicing:** Jonah Bank of Wyoming (WY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*